WePower

WePower is a new cryptocurrency venture and launching via an Initial Coin Offering (ICO). WePower and most cryptocurrency start-ups raise capital through an initial coin offering, or I.C.O., a type of fund-raising campaign in which investors buy receive virtual “tokens” using Bitcoin, Ethereum or another cryptocurrency. WePower and other cryptocurrency start-ups are generally unregulated, used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists. Why buy WePower? In WePower ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project which potentially reaping massive rewards.

It enables to finance green energy projects, to invest into and trade green energy.

About WePower

WePower solves the current problems of access to capital for the renewable energy developers and provides access to investments in proftable projects directly for the fnal consumers, any type of investors and energy market makers. This is done using the fast and transparent way through smart contracts on blockchain. By employing technology WePower solves the following energy market insufciencies:

Global access to capital for green energy projects

Global green energy investments

Trading as well as speed and transparency.

Renewable energy developers can sell upfront part of the energy to be produced in the future. To make it fast, global and transparent, this energy is tokenized and each power purchase agreement becomes a smart contract. This ensures liquidity.

On the other side, fnal consumers, investors and energy market makers can buy future energy with a discount and reduce the cost of the consumed energy or make proft from price diferences between the price paid and the market price at certain point in time when the energy is produced.

WePower is connected to the energy infrastructure and energy exchange markets in order to record data on blockchain, enable energy trading and selling energy directly to the market, if there is not enough demand on the platform.

Once the volumes of renewable energy with the help of WePower will increase, the platform will become the next generation utility, using blockchain, smart contract solutions and bringing full transparency to the energy market. It will be based on the core principles of decarbanization, democratization and decentralization.

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Headline News for WePower and ICO

Initial coin offering investigation fuels Ethereum price plunge19 Mar 2018 10:53SiliconANGLEThe price of Ethereum continued to drop over the weekend as investors feared that a continuing investigation by the U.S. Securities and Exchange Commission may result in a rapid decline in the number of initial coin offerings that use the cryptocurrency.
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